Limited Company - Medical Insurance
Medical insurance (e.g. WPA, BUPA) is an allowable business expense.
Medical insurance (e.g. WPA, BUPA) is an allowable business expense however as it has a real value to the employees and directors it is taxed as a benefit in kind, with the company paying National Insurance Contributions of 13.8% on the cost. Ensure the policy is in the company name otherwise further tax will be due.
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